Average APRs have inched down slightly, but you should focus on lowering your credit card balance as soon as you can.
Fed policy decisions directly impact your wallet, including the interest rates on your credit cards. We’ll tell you how.
During a virtual address to the World Economic Forum, President Donald Trump called on the Federal Reserve to lower interest ...
Despite a strong economy, the share of Americans making only the minimum credit card payment hit a 12-year high and ...
A new report shows more Americans are under the stress of rising credit card balances. At the start of this year, Americans’ ...
Total U.S. credit card debt fell 12% at an annualized rate in November, a plunge not seen since the onset of the pandemic. High interest rates and tightening lending standards by banks may be ...
Credit card debt is a growing financial burden for millions of Americans. U.S. consumers hold $1.17 trillion in credit card balances, according to the New York Federal Reserve Bank's November ...
A note about this year's data We’ve introduced a new source for revolving credit card debt this year — the Federal Reserve Bank of St. Louis’ data on large bank consumer credit card ...
[CNN] A new rule will end the inclusion of medical debt ... credit card transactions swell. They made up 32% of all U.S. consumer payments in 2023, up from 24% in 2019, according to a Federal ...
How will the changing political landscape affect the credit card industry and, thus, consumers? We’ll find out soon enough. Many or all of the products on this page are from partners who ...
Credit card debt hit a record high of $930 billion for Americans in the final quarter of 2019, according to the latest data from the Federal Reserve Bank of New York released on Feb. 11.